economy

5440898816459854 Christodoulos Patsalides

Cyprus' Presidency ready to launch trilogues on digital euro, CBC's Governor says

Christodoulos Patsalides made the statements in his keynote speech at the recent Eurofi High Level Seminar Digital Euro in Nicosia

08:05 - 30 Μαρτιου 2026

CBN Reporter

Morningstar DBRS upgrades forecast for Cyprus' growth to 3% for 2026 and 2.6% for 2027

The Canadian rating agency noted that, for the global economy, the final impact of the war against Iran on growth and inflation remains uncertain

07:52 - 30 Μαρτιου 2026

CBN Reporter

Energy Minister to sign Framework Agreement with Egyptian counterpart for development of natural gas discoveries

Cyprus aims for the first sale of Cypriot natural gas to Europe via Egypt in 2027-2028, President of the Republic Nikos Christodoulides has said

07:47 - 30 Μαρτιου 2026

5440883203758124 Christodoulides Abdel Fattah al-Sisi

CBN Reporter

President Christodoulides to meet with Egyptian President and TOTALEnergies CEO

Nikos Christodoulides will also be addressing the opening ceremony of EGYPES 2026, a leading energy exhibition and conference in the region

07:39 - 30 Μαρτιου 2026

CBN Reporter

Total deposits show 4.7% increase in February, loans up 12.3%, according to CBC

Households’ deposits increased by €104.1 million, while deposits of non-financial corporations recorded a decrease of €32.2 million

07:48 - 27 Μαρτιου 2026

CBN Reporter

Tourism bookings recovering after geopolitical slowdown, Koumis says

Kostas Koumis said this year’s tourism season is not an easy one, noting, however, that after around 20 days of pressure, booking rates had started to rise again

07:42 - 27 Μαρτιου 2026

5437436031038871 Hadjiadamou Supermarkets

CBN Reporter

Lamb prices stable with adequate supply for Easter, the Supermarkets Association's Executive Secretary reassures

Andreas Hadjiadamou said the only real increase recorded so far is on cooking gas, with a rise of €4.50 per cylinder

07:54 - 26 Μαρτιου 2026

CBN Reporter

CBC projects slower growth, rising inflation in 2026 amid Middle East crisis

The March 2026 projections incorporate the economic impact of the war in the Middle East, and the repercussions of the outbreak of foot-and-mouth disease

07:48 - 26 Μαρτιου 2026

CBN Reporter

Cyprus close to the EU average in purchasing power in 2025, according to Eurostat

It is noted that only 10 of the 27 Member States were above the EU average in 2025, representing around 34% of the Union’s population

07:44 - 26 Μαρτιου 2026

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